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E21-31 Calculating contribution margin ratio, preparing contribution margin incone statements Bluvid produces a high-end, progressive-scan DVD...
High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other...
High Tech Manufacturing manufactures 256GB SD cards (memory
cards for mobile phones, digital cameras, and other devices).
Price and cost data for a relevant range extending to 200,000
units per month are as follows:
High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1....
E6-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break-Even Point, Target Profit [LO 6-1,...
E6-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break-Even Point, Target Profit [LO 6-1, 6-2] Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $590 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 canoes. Prepare a contribution margin income statement for the company. 4. Calculate Sandy...
PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hermosa, Inc., produces one...
PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 540 780 900 $ 135,000 $ ? $ ? Number of bikes produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 538.75 Required: 1. Complete the table. (Round your "Cost per Unit" answers to...
000 Requirements $ 1. Fill in the blanks for each missing value. (Round the contribution margin...
000 Requirements $ 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.) $ 2. Which company has the lowest breakeven point in sales dollars? 3. What causes the low breakeven point? Print Done i - X Data Table Company Blue Red Green Yellow Net Sales Revenue $ 2,625,000 (d) $ 355,000 Variable Costs (a) 84,000 213,000 182,000 Fixed Costs (b) 208,000 228,000 (k) Operating Income (Loss) $ 344,800 $ (e)...
Problem 4-3 Shamrock Audio produces a high-end DVD player that sells for $1,200. Total operating expenses...
Problem 4-3
Shamrock Audio produces a high-end DVD player that sells for
$1,200. Total operating expenses for the past 12 months are as
follows:
Units Produced and Sold
Cost
August
164
$141,653
September
131
116,505
October
149
130,852
November
145
126,886
December
155
135,009
January
171
143,225
February
140
123,748
March
149
130,929
April
145
126,259
May
151
128,811
June
141
123,261
July
136
119,311
Use the high-low method to estimate fixed and variable
costs.
Estimated fixed cost
$
Estimated...
The three questions use this case: This month, Candel Gym has sales of $800,000, contribution margin...
The three questions use this case: This month, Candel Gym has sales of $800,000, contribution margin of $320,000, fixed cost of $200,000 and operating profit of $120,000. Q1. What is the breakeven RATIO? ________? The Break-even Sales? $__________________. Use What-If 3-Trials method. Manually sketch your 3 trials in the space provided. Q2. What is the firm’s Operating Risk Ratio? ____________. Margin of safety ratio to sales [ie., safety ratio]? _____ % Q3. What is the firm’s operating leverage number? _________...
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s...
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $ 12,150,000 Total variable cost 7,533,000 Contribution margin $ 4,617,000 Total fixed cost 2,437,776 Operating income $ 2,179,224 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. $per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin?...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
Include the contribution margin on your spreadsheeT VILLA1425 000000000000000 SONGS 01317300000OOOOOOOOOOOO 5 700301317300OOOOOOOOOOO0002305SOS P7-61A Find missing...
Include the contribution margin on your spreadsheeT
VILLA1425 000000000000000 SONGS 01317300000OOOOOOOOOOOO 5 700301317300OOOOOOOOOOO0002305SOS P7-61A Find missing data in CVP relationships (Learning Objectives 1 & 2) The budgets of four companies yield the following information: Company R S Target sales $680,000 $445,000 $224.000 Variable expenses 170,000 270.000 Fixed expenses $159.000 $.93.000 Operating income (loss) $.150.000 $ $133.000 Units sold 106,800 12,500 18,000 Contribution margin per unit $ 6.25 $ 8.96 $ 35.00 Contribution margin ratio 0.60 Requirements 1. Fill in the...
Break Even Units, Contribution Margin Ratio, Multiple Product Breakeven, Margin of Safety, Degree of Operating Leverage...
Break Even Units, Contribution Margin Ratio, Multiple Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $9,000,000 Total variable cost 6,030,000 Contribution margin $ 2,970,000 Total fixed cost 1.898,820 Operating income $ 1,071,180 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. S per unit 1(b), Compute contribution margin per unit. Enter your answer to...
High Tech Manufacturing manufactures 256GB SD cards (memory
cards for mobile phones, digital cameras, and other devices).
Price and cost data for a relevant range extending to 200,000
units per month are as follows:
High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows: (Click the icon to view the data.) Read the requirements. Requirement 1....
E6-5 (Algo) Calculating Contribution Margin and Contribution Margin Ratio; Identifying Break-Even Point, Target Profit [LO 6-1, 6-2] Sandy Bank, Inc., makes one model of wooden canoe. Partial information is given below. Required: 1. Complete the following table. 2. Suppose Sandy Bank sells its canoes for $590 each. Calculate the contribution margin per canoe and the contribution margin ratio. 3. This year Sandy Bank expects to sell 760 canoes. Prepare a contribution margin income statement for the company. 4. Calculate Sandy...
PA6-1 Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point [LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 540 780 900 $ 135,000 $ ? $ ? Number of bikes produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Fixed cost per unit Total cost per unit $ 538.75 Required: 1. Complete the table. (Round your "Cost per Unit" answers to...
000 Requirements $ 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent.) $ 2. Which company has the lowest breakeven point in sales dollars? 3. What causes the low breakeven point? Print Done i - X Data Table Company Blue Red Green Yellow Net Sales Revenue $ 2,625,000 (d) $ 355,000 Variable Costs (a) 84,000 213,000 182,000 Fixed Costs (b) 208,000 228,000 (k) Operating Income (Loss) $ 344,800 $ (e)...
Problem 4-3
Shamrock Audio produces a high-end DVD player that sells for
$1,200. Total operating expenses for the past 12 months are as
follows:
Units Produced and Sold
Cost
August
164
$141,653
September
131
116,505
October
149
130,852
November
145
126,886
December
155
135,009
January
171
143,225
February
140
123,748
March
149
130,929
April
145
126,259
May
151
128,811
June
141
123,261
July
136
119,311
Use the high-low method to estimate fixed and variable
costs.
Estimated fixed cost
$
Estimated...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company sold 150,000 units? 3. What would the company's monthly operating income be if the company had sales of $4,500,000? 4. What is the breakeven point in units? In sales dollars? 5. How many units would the company have to sell to earn a target monthly profit of $260,400? 6. Management is currently...
Include the contribution margin on your spreadsheeT
VILLA1425 000000000000000 SONGS 01317300000OOOOOOOOOOOO 5 700301317300OOOOOOOOOOO0002305SOS P7-61A Find missing data in CVP relationships (Learning Objectives 1 & 2) The budgets of four companies yield the following information: Company R S Target sales $680,000 $445,000 $224.000 Variable expenses 170,000 270.000 Fixed expenses $159.000 $.93.000 Operating income (loss) $.150.000 $ $133.000 Units sold 106,800 12,500 18,000 Contribution margin per unit $ 6.25 $ 8.96 $ 35.00 Contribution margin ratio 0.60 Requirements 1. Fill in the...
Break Even Units, Contribution Margin Ratio, Multiple Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $9,000,000 Total variable cost 6,030,000 Contribution margin $ 2,970,000 Total fixed cost 1.898,820 Operating income $ 1,071,180 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. S per unit 1(b), Compute contribution margin per unit. Enter your answer to...
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